Reported 16 days ago
Booking Holdings Inc. has announced plans for job cuts and organizational changes aimed at enhancing efficiency and improving operating expenses. The company intends to modernize its processes, pursue cost-saving measures, and optimize procurement, while consulting with employee representatives about the timing and impacts of these changes. This move comes after a recent positive performance report, indicating a possible sustained demand for travel despite past challenges, including significant layoffs during the Covid-19 pandemic.
Source: YAHOO